zkApes
Crypto Overview
Project Overview
zkApes (ZAT) is a cryptocurrency project built on zkSync Era, positioning itself as a meme token with some basic social and community features. The project claims to be a community-driven token aiming to leverage zkSync Era's scaling capabilities.
Intended Purpose and Utility
The primary stated purpose of zkApes is to serve as a community token within the zkSync ecosystem, with basic functionalities for token holders. The project does not claim sophisticated utility beyond serving as a tradeable digital asset and community engagement tool.
Business Model Analysis
The business model appears straightforward - it operates as a freely tradeable token with ownership rights transferring between parties. The project does not involve any inherently prohibited activities like gambling, interest-based lending, or adult content.
Real-World Adoption
As a relatively new project on zkSync Era, adoption is currently limited primarily to trading activity on decentralized exchanges. While utility features are minimal, this does not impact its permissibility from an Islamic finance perspective.
Platform Development
Development activity appears focused on basic token functionality and community engagement. While not technically sophisticated, the project maintains the core functions of a transferable digital asset.
Crypto Impact
To assign a comfort level investing in zkApes from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to zkApes.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.